Coinbase Bitcoin Premium Index Negative for 26 Consecutive Days

Coinglass data shows the Coinbase Bitcoin Premium Index at -0.0514% on Feb. 10, marking 26 straight days of negative readings and sustained U.S. sell pressure since 2026.

BTC

Summary

On Feb. 10, Coinglass reported that Coinbase's Bitcoin Premium Index stood at -0.0514%, extending its negative streak to 26 consecutive days. Since the start of 2026, only two days have shown a positive premium, highlighting persistent sell pressure in the U.S. Bitcoin market. The index measures the price difference between Bitcoin on Coinbase and the global average, often used to track U.S.-based market sentiment.

Terms & Concepts
  • Bitcoin Premium Index: A measure comparing the price of Bitcoin on a specific exchange to a global average, often used to gauge localized demand or sell pressure.